Please help me with question 3

CE LO 7 8 MANCOSA: POSTGRADUATE DIPLOMA IN PROJECT MANAGEMENT + X 5 QUESTIONS (20) REQUIRED 3.1 Use the information provided below to calculate the following ratios. Where applicable, round off answers to two decimal places. 3.1.1 Gross profit margin 12) 3.1.2 Operating profit margin 12) 3.1.3 Inventory turnover period (2) 3.14 Trade receivables period 121 3.15 Trade payables period 121 3.1.6 Current ratio (2) 3.1.7 Acid test ratio (2) 3.1.8 Return on capital employed 12) 3.2 Comment on the control of debtors by Saturn Limited. 12) 3.3 Suggest TWO (2) ways in which Saturn Limited can improve its operating profit margin. (21 INFORMATION Excerpts of financial data of Saturn Limited for 2019 are as follows: STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2010 R Cost of sales Gross profit Operating profit Interest expense Profit before tak Tax (30%) 2 600 000 1 400 000 600 000 40 000 SGO000 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2019 R 2018 R ASSETS Non-current assets Inventories Accounts receivable 780 000 500 000 240 000 1520 000 600 000 451 000 199 000 1 250 000 EQUITY AND LIABILITIES Equity Long-term loan Accounts payable Bank overdraft 960 000 340 000 180 000 40 000 1520000 800 000 2000 60 000 10 000 1 250 000 Additional information 1 The ratio of credit sales to cash sales is 3:1 respectively. 2. Purchases on credit amounted to R1324 500 for the year ended 31 December 2019 3. Credit terms to debtors are 30 days. 52 PROGRAMME HANDBOOK: JANUARY 2020 INTAKE